PENGARUH KINERJA KEUANGAN, STRUKTUR MODAL DAN KUALITAS AUDIT TERHADAP NILAI PERUSAHAAN

Abstract

This research aimed to analyze and examine the effect of financial performance, capital structure, and audit quality on the firm value of Transportation and Logistics companies during 2019-2022 listed on the Indonesia Stock Exchange (IDX). The financial performance used the profitability ratio which was referred to as Return On Assets (ROA), the capital structure was referred to as Debt to Equity Ratio (DER), and audit quality used a Dummy which was referred to as auditor reputation. While firm value was referred to as Tobin’s Q. The research was quantitative. Moreover, the data collection technique used purposive sampling, in which the sample was based on the criteria given. In line with that, there were 23 companies during 4 periods as the sample. Furthermore, the data were secondary, in the form of companies’ financial statements. The data analysis technique used multiple linear regression with SPSS 26 versions. The result concluded that both financial performance and audit quality had a positive effect on firm value. However, capital structure did not affect firm value.